India, Japan canola crops to be steady in 2026/27 – USDA

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While the bulk of Japan’s canola imports come from Canada, the supplier’s share has dropped from about 96 per cent of Japan’s imports to around 83 per cent. Australia has remained a major source of canola for Japan.
Photo: Canola Council of Canada

Glacier FarmMedia — Canola supplies for India and Japan are expected to remain relatively stable in the 2026/27 crop year, the United States Department of Agriculture said.

India

The USDA attaché in New Delhi projected India’s 2026/27 canola production at 12.10 million tonnes, slightly higher than the 2025/26 harvest of 11.90 million.

While yields are expected to hold at 1.31 tonnes per hectare, the attaché forecast Indian farmers to harvest more area – 9.25 million hectares versus 9.10 million in 2025/26.

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Phil Speiss of RBC Dominion Securities in Winnipeg believes canola could enter a bearish downturn, but the war in Iran and volatile oil prices are complicating matters.

“(Canola) is expected to remain profitable, with prices sufficient to cover input costs and ensure solid margins for growers,” the attaché wrote.

WHY IT MATTERS: India is among the largest canola producers in the world and Japan is a major oilseed importer.

Despite India being one of the world’s top canola growers, the country does not import or export the crop.

The New Delhi desk estimated the domestic crush will bump up to 10.90 million tonnes from 10.70 million, while domestic consumption is to match the 2026/27 crop. Ending stocks are to hold at 569,000 tonnes.

Japan

As for Japan, it will continue to be one of the major canola importers. However those for 2026/27 are to dip to 2.15 million tonnes from 2.16 million the year before.

The USDA attaché in Tokyo said the bulk of Japan’s canola imports come from Canada, but the supplier’s share has dropped from about 96 per cent of Japan’s imports to around 83 per cent. Australia has remained a major source of canola for Japan.

“Japanese crushers have noted higher oil extraction rates from Australian canola compared to Canadian seeds, though meal extraction rates are converse,” the attaché said.

Japan’s domestic canola crop is to be only 3,000 tonnes.

Virtually all of the country’s canola will be crushed, with a mere 5,000 tonnes for feed, waste and domestic consumption.

Ending stocks are to remain stable at 200,000 tonnes.

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